What Have Mortgage Done Rates Over Time

Dated: February 21 2020

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Some Highlights:

  • With interest rates hovering at near historic lows, now is a great time to look back at where they’ve been, and how much they’ve changed over time.
  • According to Freddie Mac, mortgage interest rates are currently hovering near a five-decade low.
  • The impact your interest rate has on your monthly mortgage payment is significant. An increase of just $20 dollars in your monthly payment can add up to $240 per year or $7,200 over the life of your loan. Maybe it’s time to lock in now while rates are still low.

EXIT Homevets Realty, Killeen Real Estate Experts

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Jose Segarra

Jose Segarra is the Broker and Owner of Homevets Realty LLC which opened in 2005 and currently has over 15 full time licensed agents. Jose has been licensed in real estate since 1994 and is con....

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